Meet U There: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Meet U There
Largest movements
- Receivables within one year -€134,549
down €134,549 (-39.7%), from €339,047 to €204,498
of which Trade receivables: -€126,228
- Cash +€95,493
up €95,493 (+83.4%), from €114,481 to €209,974
mainly Receivables within one year (+€134,549) and Net result for the year (+€110,265)
- Tangible fixed assets +€68,595
up €68,595 (+589.1%), from €11,644 to €80,239
of which Furniture and vehicles: +€69,743
- Reserves +€110,265
up €110,265 (+86.0%), from €128,224 to €238,490
- Trade debts -€79,704
down €79,704 (-74.2%), from €107,406 to €27,702
- Other debts -€53,336
down €53,336 (-47.8%), from €111,496 to €58,160
- Debts after one year +€35,160
new in 2025: €35,160
- Accrued charges and deferred income +€21,485
up €21,485 (+424.8%), from €5,058 to €26,543
- Gross operating margin +€78,900
up €78,900 (+75.4%), from €104,588 to €183,488
- Taxes +€25,722
up €25,722 (+105.6%), from €24,364 to €50,086
- Depreciation -€8,088
down €8,088 (-60.5%), from €13,375 to €5,287
- Financial charges +€7,250
up €7,250 (+225.6%), from €3,213 to €10,463
of which Financial charges: +€7,808
- Other operating charges +€2,742
up €2,742 (+38.2%), from €7,176 to €9,918
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,172 | €497,376 | +€32,204 | +6.9% |
| Fixed assets | 21/28 | €11,644 | €80,239 | +€68,595 | +589.1% |
| Tangible fixed assets | 22/27 | €11,644 | €80,239 | +€68,595 | +589.1% |
| Plant, machinery and equipment | 23 | €776 | €388 | -€388 | -50.0% |
| Furniture and vehicles | 24 | €5,925 | €75,668 | +€69,743 | +1177.1% |
| Other tangible fixed assets | 26 | €4,943 | €4,183 | -€761 | -15.4% |
| Current assets | 29/58 | €453,528 | €417,137 | -€36,391 | -8.0% |
| Amounts receivable within one year | 40/41 | €339,047 | €204,498 | -€134,549 | -39.7% |
| Trade receivables | 40 | €323,939 | €197,711 | -€126,228 | -39.0% |
| Other amounts receivable | 41 | €15,108 | €6,787 | -€8,321 | -55.1% |
| Cash at bank and in hand | 54/58 | €114,481 | €209,974 | +€95,493 | +83.4% |
| Deferred charges and accrued income | 490/1 | - | €2,664 | +€2,664 | |
| Total equity and liabilities | 10/49 | €465,172 | €497,376 | +€32,204 | +6.9% |
| Equity | 10/15 | €139,083 | €249,349 | +€110,265 | +79.3% |
| Contributions | 10/11 | €9,400 | €9,400 | = | 0.0% |
| Reserves | 13 | €128,224 | €238,490 | +€110,265 | +86.0% |
| Distributable reserves | 133 | €128,224 | €238,490 | +€110,265 | +86.0% |
| Profit (loss) carried forward | 14 | €1,459 | €1,459 | = | 0.0% |
| Amounts payable | 17/49 | €326,089 | €248,028 | -€78,062 | -23.9% |
| Amounts payable after more than one year | 17 | - | €35,160 | +€35,160 | |
| Financial debts | 170/4 | - | €35,160 | +€35,160 | |
| Amounts payable within one year | 42/48 | €321,031 | €186,324 | -€134,707 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €768 | €8,457 | +€7,689 | +1000.9% |
| Trade debts | 44 | €107,406 | €27,702 | -€79,704 | -74.2% |
| Suppliers | 440/4 | €107,406 | €27,702 | -€79,704 | -74.2% |
| Taxes, remuneration and social security | 45 | €101,361 | €92,005 | -€9,356 | -9.2% |
| Taxes | 450/3 | €101,361 | €92,005 | -€9,356 | -9.2% |
| Other amounts payable | 47/48 | €111,496 | €58,160 | -€53,336 | -47.8% |
| Accrued charges and deferred income | 492/3 | €5,058 | €26,543 | +€21,485 | +424.8% |
| Non-recurring operating income | 76A | - | €14,495 | +€14,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,375 | €5,287 | -€8,088 | -60.5% |
| Other operating charges | 640/8 | €7,176 | €9,918 | +€2,742 | +38.2% |
| Non-recurring operating charges | 66A | €22 | €341 | +€319 | +1430.5% |
| Gross operating margin | 9900 | €104,588 | €183,488 | +€78,900 | +75.4% |
| Operating profit (loss) | 9901 | €84,015 | €167,943 | +€83,928 | +99.9% |
| Financial income | 75/76B | €3,235 | €2,871 | -€364 | -11.3% |
| Recurring financial income | 75 | €3,235 | €2,871 | -€364 | -11.3% |
| Financial charges | 65/66B | €3,213 | €10,463 | +€7,250 | +225.6% |
| Recurring financial charges | 65 | €2,655 | €10,463 | +€7,808 | +294.1% |
| Non-recurring financial charges | 66B | €558 | - | -€558 | |
| Profit (loss) for the period before taxes | 9903 | €84,038 | €160,351 | +€76,314 | +90.8% |
| Income taxes | 67/77 | €24,364 | €50,086 | +€25,722 | +105.6% |
| Profit (loss) for the period | 9904 | €59,674 | €110,265 | +€50,592 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,674 | €110,265 | +€50,592 | +84.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.